Butte semi-weekly miner. [volume] (Butte, Mont.) 1886-1890, 1887-12-07

dneement which must be offered them
would result in moro financial benefit to
the Government than the purchase oil
bonds. while the latter proposition would
REDUCE fHE PRINCIPAL
OF the debt by actual payment instead o'
extending It, the proposition to deposit the
money held by the Government in banks
throughout the country for use by the peo.
pls 10, Il seems to me. an exceedingly ohjec-
tionable principle, ~ resulting in too close
a relationship between the operations Of
The Government and the business of the
country, and too extensive com mipglinp
of their money, thus fostering an unnatural
reliance in private bnsinees upon public
funds. II this scheme should be adopted, 1t
should only be done a. temporary ex
pedient to meet IN urgent necessity
generally be in the opposite direetion and
much and a. fast as can safely
be done, the Treasury Department from
private enterprises. OF course it is not ex-
pected that unnecessary and extravagant
operations will be made for the purpose OF
avoiding tho accumulation OF an excess Of
revenue. Such expenditure. besides the
demonstration of all just conceptions Of
public duty which it entails. stimulates
reckless improvidence not in the least con.
sistent with the mission Of our people or
the high and benefcent purposes OF our
thus to bring to the knowledge Of my
countrymen, as we'll as to the attention OF
their Representatives the responsibility OF
legislative relief, the gravity Of our financial
situation. The
FAILURE or the CONGRESS
heretofore to provide against the dangers
which it was quite evident the very nature
OF the difficulty must necessarily produce,
caused o condition OF financial distress
and apprehension since their last adjourn
ment. which taxed to the utm' st all the
authority and expedients within executive
control. and these appear now to be OK.
hausted. II disaster results from the con-
tinusd inaetion Of Congress, the responsi-
bility must rest whore it belongs. Though
the situation thus far considered 10 fraught
with danger which should be fully realised,
and though It presents features OF wrong
to the people as we'll a. to the country, it
is but result growing out OF perfectly
palpable and apparent cause con-
stantly reproducing the same alarming cir.
cumst aness-a congested national treasury
and depleted monetary condition In tho
business OF the country. 1t needs hardly
be stated that while the present situation
demands q remedy. one can only be saved
from q predicament in the future by the re-
moval OF the cause. Our scheme OF taxa
ton, by means OF which tins needless sur.
plus is taken from the people and put into
the public treasury, consists OF tarin or
dutv levied upon importations from
abroad and internal revenue taxes levied
upon the consumption OF tobacco and
spirituous and malt liquors. 1t must be
considered that none OF the taxes relating
to things subjected to internal revenue
tn xatiCn are
STRICTLY SPEAKING NECESSARY,
and il 80 appears to be NO just cause OF
COMPLAINT by the consumers OF tho articles,
and there seems to be nothing 50 we'll able
to bear the burden without hardship to
anv portion OF the people. But our present
tariff laws, the various, inequitable and
illegal source OF unnecessary taxation,
ought to be at once revised and amended
These laws, as their primary and plain
effect, raise the price to consumers OF All
articles imported and subjected to duty oy
precisely tho sum paid Tor such duties.
Thus the amount OF tho duty measures tne
tax paid by those who purchase ior use
these imported articles. Many OF these
things. however, are raised or ormanuiactoreo
in onr own country. and the duties now
lev;ed moon foreign goods and p:odnct are
called protection to these home manu-
factures. because they render it impossible
for those of our people who arc manu.
| facturers to make these taxed articles ana
sell them for price equal to that demand, ,
ed for the imported goods that nave 2aa,o
customs duty. SO it happens tnae wnl's
comparatively few use tns impoIeeu
| articles, millions OF our people. VINO never
,,.s and never saw any OF the foreign pro-
ducts. nurchase and use things OF the same
kind
! MADE IN THIS COUNTRY
and pay therefor nearly or give tne sam'
enhanced price which the duty adds to TN
;mnorted articles. Those who buy the I'm
norts pay tho duty charged thereon TO tn
nnblic treasury, but the great majority
pnr citizens, who buy domestic articles !,
tho sa1no class, pay q sum at least approx
s+sIu W. snual to this duty, to the hom
@ naa mia cturers. This reference to Tn
anerat;,n of our tariff laws is not mace o.
Ear of instruction, but in ORDER tnao
nav he constantly reminded OF the manne an e
in Which they impose burden upon p"I' sTt'e .
who consume domestic produc's, ~ o 10, q
/ 4 hrd 2
~. create a tax upon all our people. 10
W.. Wv. nronosed to entirely relieve the count,
~ ,b;s taxation. It must be extensive
, a,t;nusd. as the source ot tne uovelI
ant,. income. and in = readJustmcnc
~. tariffs. the interests OF American "a no ~
n, uu oad in manufacture should be care'un
! sss;Jered. "a well as the preservation
. onr manufa ctures. It may be caneu ~; pis
{ tertion, or by any other nane, nay -, ~,
fr,m the hardships and dAhgels 1T
! ant nr.l traisf !aws should be devlsco WI ~
,, pa',se;al nrecaution against imperihne u
q tstonce cf our manufacturing lntelse.
D.'e .h;s existence should not me CO.
: n:.s.n DS vhich. without regard to tne poo'
9 n.'fa 70 or a national exigency, musS a'""'
;. insure the
REALIZATION OF IMAENsE PhofNo
;a....a Of moderately profitable return
~ 49, ~vo,ume and diversity OF our nat'on
az .;u;t;.a increase. new recruits are 400, :,
,f .hosa who desire continuation ol -
,r aoto " - .es which they conceive the pfess pss
r. ~aovaf ~ nf ta riff taxation direSty a1'
sy 90 stubbornly have all eno.;s .;st,
g tnem. he present condition been ie.,s.' ans
g, Iev thn.e ~ our fellow citizens thus ehs eh a.
20 ~ uy thew can hardly complain u+snt " s rh
n;.;on enter tained to a eer.A eh;ns tion ,
"a there exists an organ,.e;. their advautaf
ths line o 70
SssH@ss e Hsassass Rssi "
e. ek'il anu u'nSSderfui natural advan'asss q,
us and tne SSavsloped by century, na.1" S.
e, resources .ot vhen an attempt - maue .o
e. grow:.sn, scheme which permits '%H I'D :
ct !usty yon every consumer IN tne n,;ta a" !
l M tho benefit OF our maerd for cover
wv yono o,ne IL suits the :Ss,
t: t s:s:: IND
sa.;si q f:ss:ss s9S sas: r;s Ssn::
s: :::.ss ! e .:s:s e..
'ia ssEes Tsy es Si:ss.cr,al Si:.I. tksn eIs peeH